Bloomingdale's Dubai Likely to be Only One Outside US
US luxury retail giant Bloomingdale’s has no plans to open further international stores, its chairman and CEO said on Sunday ahead of the launch of the chain’s first Dubai outlet.
The Dubai outlet, Bloomingdale’s first venture outside its domestic US market, will not lay the ground for a string of locations in other emerging markets said Michael Gould, CEO of the department store chain.
“No, I think this is a one store, new concept. This is the first time we’ve expanded a Bloomingdale’s store outside the US. I can tell you we have no plans right now; I’ve not visited any other sites outside the US, I have no plans to. I think we want to see how this works,” he told Arabian Business.
Arabian Business